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Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   ExpressJet (https://www.airlinepilotforums.com/expressjet/)
-   -   Contract 2018 (https://www.airlinepilotforums.com/expressjet/116300-contract-2018-a.html)

word302 09-10-2018 05:27 PM
Originally Posted by Blackhawk (Post 2671745)
What’s the minimum guarantee/quarter?
It's a multiplier based on credit hours. It's 9% of profits guaranteed at 135 million this year and 140 million the next few years.

Blackhawk 09-10-2018 05:27 PM
Frankly, I see this TA as a nonrisk. It's only 3 years. If SkyWest does not sell us by Jan 2019 OR we do not get the -175's UAL promised then section 6 talks open again. So both MUST occur. Frankly, I think this puts the ball and the pressure on the other parties involved to get things moving.

Blackhawk 09-10-2018 05:29 PM
Originally Posted by word302 (Post 2671750)
It's a multiplier based on credit hours. It's 9% of profits guaranteed at 135 million this year and 140 million the next few years.
So you don't know?

tothebigblue 09-10-2018 05:30 PM
Q.E.D. for our ASA silverbacks: EDV is WHOLLY OWNED thats why their pay scale is so high.
To spell it out: The big airline owns the baby airline so the baby airline gets the big money that the big airline give them.

word302 09-10-2018 05:31 PM
Originally Posted by Blackhawk (Post 2671752)
So you don't know?
I don't know what, what my guaranteed payout will be? No because it depends on how much I work. It also depends on the total credit hours worked by the entire pilot group.

Arliss 09-10-2018 05:31 PM
Originally Posted by Blackhawk (Post 2671751)
Frankly, I see this TA as a nonrisk. It's only 3 years. If SkyWest does not sell us by Jan 2019 OR we do not get the -175's UAL promised then section 6 talks open again. So both MUST occur. Frankly, I think this puts the ball and the pressure on the other parties involved to get things moving.
Well......going back into section 6 really means nothing. They can go into section 6 then just stall until we collapse and go out of business.

BoeingB17 09-10-2018 05:32 PM
Originally Posted by Puck Hawg (Post 2671735)
I'm not calling all the ASA guys nuts, just the couple yahoo's that wouldn't shut up. Probably JB one of em.
"John" on the call was not JB.

word302 09-10-2018 05:33 PM
Originally Posted by tothebigblue (Post 2671754)
Q.E.D. for our ASA silverbacks: EDV is WHOLLY OWNED thats why their pay scale is so high.
To spell it out: The big airline owns the baby airline so the baby airline gets the big money that the big airline give them.
This attitude is why we can't have nice things. Republic figured out how to match them. Why can't the rest of us?

Blackhawk 09-10-2018 05:35 PM
Originally Posted by word302 (Post 2671761)
This attitude is why we can't have nice things. Republic figured out how to match them. Why can't the rest of us?
Because we are currently a subcontractor to a subcontractor.

Blackhawk 09-10-2018 05:44 PM
Originally Posted by word302 (Post 2671757)
I don't know what, what my guaranteed payout will be? No because it depends on how much I work. It also depends on the total credit hours worked by the entire pilot group.
Ours does not have that. $2,500/quarter for an FO, $2,000/quarter for captains.


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